URA posts HK$338 million operating surplus after three years of losses
- Posted on August 14, 2026
- By South China Morning Post
- 1 Views
- 1 min read
In brief
The Urban Renewal Authority has achieved a significant financial turnaround, reporting a HK$338 million operating surplus for the 2025-26 financial year, marking its return to profitability after a three-year downturn. Chairman Chow Chung-kong announced this positive development during celebrations of the organization's 25th anniversary, signaling renewed momentum in Hong Kong's urban regeneration efforts and demonstrating improved operational efficiency.
Summary auto-generated by AI from the original publisher's content. Editorial standards.
URA posts HK$338 million operating surplus after three years of losses
Chairman Chow Chung-kong reveals at URA’s 25th anniversary banquet that body has returned to profit in the 2025-26 financial year.
